Learn the basics of accounting for freight costs under freight terms/shipping terms:

- FOB destination, freight prepaid
- FOB destination, freight collect
- FOB shipping point, freight prepaid
- FOB shipping point, freight collect

Textbook used: 2011 Edition Financial Accounting Volume 1 by Mr. Conrado T. Valix, Mr. Jose F. Peralta and Mr. Christian Aris M. Valix


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